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Universal Digital and LongPoint to Launch Inverse Leveraged ETFs in Canada

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Universal Digital and LongPoint to Launch Inverse Leveraged ETFs in Canada

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Lode Metals Corp. ( (TSE:LFG) ) just unveiled an update.

Universal Digital Inc., in partnership with LongPoint Asset Management Inc., has filed a preliminary prospectus for the launch of two new inverse leveraged ETFs, targeting the performance of Coinbase and MicroStrategy. These ETFs, expected to be listed on the Toronto Stock Exchange, aim to offer Canadian investors innovative ways to manage exposure to the digital asset sector, reflecting strong market demand and expanding Universal Digital’s product lineup.

More about Lode Metals Corp.

Universal Digital Inc. is a Canadian investment company focused on digital assets, businesses, and private and publicly listed entities in high-growth industries, particularly blockchain, cryptocurrencies, and cryptocurrency technologies. The company aims to provide shareholders with long-term capital growth through a diversified investment approach and to participate in the transformation of global finance through digital asset strategies.

Average Trading Volume: 75,681

Technical Sentiment Signal: Buy

Current Market Cap: C$33.65M

See more data about LFG stock on TipRanks’ Stock Analysis page.

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